Corporate Hospitality Compliance Don't let gifts and hospitality put your business at risk.

Are you concerned how corporate hospitality is being treated in the Bribery Act 2010 – particularly for the travel, hotel and events industry?

There is "definite confusion" on what it means and how to manage gifts and hospitality – "much of our business is conducted at one event or another so how do we conduct business and stay within the law?"

At PNMsoft, we specialise at automating business processes; so regulation and requirements accompanied by good compliance is what we do. Our latest offering is called SEQUENCE Corporate Compliance which provides a very simple web based process for recording gifts and hospitality that gets signed off at different stages depending upon the business rules, the value and timescale. With full reporting and real-time dashboards, managers can view and keep detailed audits of all transaction across all business units and subsidiaries.

One of the keys to understanding the Act is to realise that it’s not intended to stop organisations from changing how they do business, but it does mean that keeping gifts and hospitality ‘reasonable’ within the spirit of the business being influenced; making sure everything is audited and documented by carefully maintaining objectivity between the decision maker (manager) and the person who gets the hospitality invite.

PNMsoft’s Corporate Processes are available to integrate with existing procurement and HR systems to provide cost effective corporate compliance.

Benefits:

• Avoid lawsuits and damage.
• Ensure absolute compliance with Bribery Act 2010.
• Provide instant visibility of gifts and hospitality.
• Generate detailed audit trails.
• Encourage best employee practices.

How Does SEQUENCE Work?

SEQUENCE's intuitive design interface enables you to model your organisation's processes. You operate processes in SEQUENCE Runtime, a collaborative web interface which runs on Microsoft SharePoint. SEQUENCE's powerful monitoring dashboards and reports enable management to supervise and control processes, improving performance over time.

SEQUENCE seamlessly integrates with your existing ERP and CRM systems and can be deployed within weeks, locally or over the cloud. SEQUENCE's process templates can be easily customised to fit your needs, without an extensive programming team.

About PNMsoft

PNMsoft was founded in 1996 by Human Workflow Automation experts with the mission of delivering Business Process Management (BPM) solutions for business users. We are a multi-national enterprise with headquarters in the UK and a global network of business partners. PNMsoft has forged close and long-standing partner relationships, particularly with Microsoft. We are a Microsoft Gold Certified Partner and a member of the Microsoft Business Process Alliance. We continue to expand our worldwide client base across a wide range of sectors. Our clients include Atkins, Microsoft, Philips, Motorola, Tnuva, NDS and many more.